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HRM3705 Assignment 01 - 2021

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HRM3705 - Compensation Management
Assignment 01
2021

, QUESTION 1
If Naledi is appointed, the remuneration building block of _____________ will not be achieved.
1 employee performance
2 internal alignment
3 employee benefits
4 external competitiveness
QUESTION 2
If Abbvie Pharmaceutical decides to appoint Naledi, it will constitute a _____________ on the pay
structure.
1 pay overlap
2 green-circle rate
3 compa-ratio
4 red-circle rate
QUESTION 3
If Naledi is appointed and the pay rate as identified in question 2 is present, Abbvie Pharmaceutical
can address it in the following way:
1 Raise the range minimum value immediately.
2 Not pay below the minimum of the pay range.
3 Freeze Naledi’s salary until it falls back inside the updated range of the pharmacist
position.
4 Bring the pay rates in line with the normal pay range as soon as possible.
QUESTION 4
If Abbvie Pharmaceutical were to appoint Naledi, the remuneration objectives that they will not be
complying with are:
a Employee attraction
b Employee retention c
Fairness
d Employee motivation
The correct alternative is:
1 a, b, and c
2 b, c, and d
3 a, b, and d
4 c, d and a
QUESTION 5
Match the following business strategy in column A with the remuneration practice in column B:
Column A Column B
Business strategy Remuneration practice
I. Innovator (D) A. Remuneration mix focused on short-term
II. Defender (C) B. Incentives based on customer satisfaction
III. Cost cutter (A) C. Emphasise individual bonuses
IV. Customer focused (B) D. Market-based pay
The correct answer is:
1 I-A; II-C; III-D; IV-B
2 I-D; II-C; III-A; IV-B

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